Nonpartisan civic infrastructure
AllCiv·Legis1
·

Worcester Polytechnic Institute

Public charityFed auditsIRS 990990-T FY2023
DBA: % JEFFREY SOLOMON
Other · WORCESTER, MA · EIN 04-2121659

About

The university educates talented men and women in engineering, science, management, and humanities in preparation for careers of professional practice, civic contribution, and leadership, facilitated by active lifelong learning. (CONT. On SCH o) this educational process is true to the founders' directive to create, to discover, and to convey knowledge at the frontiers of academic inquiry for the betterment of society. Knowledge is created and discovered in the scholarly activities of faculty and students ranging across educational methodology, professional practice, and basic research. Knowledge is conveyed through scholarly publication and instruction. (HTTP://WWW.WPI.EDU/about/mission.HTML)

In care of Jeffrey Solomon

Donations are tax-deductible
Category
Other
Employees
4,445
Volunteers
225

Financial Snapshot

FY ending 2023-06-30
Revenue
$462.7M
Expenses
$483.0M
Assets
$1.3B
Liabilities
$520.2M

Financial history

$483.0M$241.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $462.7M · Avg: $382.1M

Foreign activity (Schedule F)

Total spent abroad$103.2M
Foreign employees14
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EAST ASIA AND THE PACIFIC
EUROPE (INCLUDING ICELAND & GREENLAND)
MIDDLE EAST AND NORTH AFRICA
RUSSIA AND NEIGHBORING STATES
SOUTH AMERICA
SOUTH ASIA
SUB-SAHARAN AFRICA
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
SUB-SAHARAN AFRICA
EUROPE (INCLUDING ICELAND & GREENLAND)
MIDDLE EAST AND NORTH AFRICA
SOUTH AMERICA
NORTH AMERICA - CANADA AND MEXICO
EAST ASIA AND THE PACIFIC

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$183K
Grants Given
$130.0M
WORCESTER POLYTECHNIC INSTITUTE
Your actions

Address

100 Institute RD
Worcester, MA, 01609-224

Governance

Voting board members31
Independent members30
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %39.1%
Permanent endowment %25.7%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$224K
Retained by contractors$224K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.